Silver Price Misdirection_ Strong Hands Accumulate _ Andy Schectman

"While retail investors panic over a 38% price crash, the world's largest physical buyers are quietly accumulating—draining COMEX Registered inventories to levels covering just 13% of open interest."In this episode, Andy Schectman of Miles Franklin reveals the hidden battle beneath silver's paper price crash: Western panic meeting Eastern accumulation. While January's collapse triggered margin calls and liquidations, Shanghai premiums surged to a historic 13% above Western benchmarks—indicating physical strength, not weakness. Schectman argues this is a deliberate misdirection, engineered to shake weak hands out of positions before the real move begins.He points to critical data: London's LBMA gold and silver vaults are being drawn down by sovereign buyers. COMEX Registered silver hit a 15-year low in October 2024 and has not recovered. China's new export licensing on refined silver now ring-fences 60-70% of global supply just as industrial demand from AI and solar infrastructure accelerates.Schectman distinguishes two silver markets: the paper market (futures, ETFs) driven by sentiment, and the physical market (bars, coins) driven by industrial and sovereign demand. The paper market is crashing. The physical market is tightening. These two realities will eventually converge—and when they do, price will follow physical.His advice: ignore the paper noise. The strong hands are accumulating. And patient physical holders will be rewarded when the misdirection ends. Press play for his exact strategy.